Also, I’m considering rolling taxes and 3 remaining payments from existing lease into the monthly payment. My understanding is this would be added to the adjusted cap cost.Dealer is claiming that both of these amounts would be subject to finance charges and taxes.

I don’t dispute that about the 3 lease payments but I didn’t think that the tax would be taxed yet again if rolled into monthly payment. Can you confirm if that’s true?

Also, I’m considering rolling taxes and 3 remaining payments from existing lease into the monthly payment. My understanding is this would be added to the adjusted cap cost.Dealer is claiming that both of these amounts would be subject to finance charges and taxes.

I don’t dispute that about the 3 lease payments but I didn’t think that the tax would be taxed yet again if rolled into monthly payment. Can you confirm if that’s true?

thanks for your help as always!

I agree with the math - $408/mo.

The tax is not taxed a second time ... in NJ. But, it would be subject to finance costs. The MF is so low that the burden wouldn't be very much, at all.

And, why not wait 3 months until the current lease is up? Save a few bucks (or more) on the payment. Doubt the deals would be much different in June than they are today.

Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!

Also, I’m considering rolling taxes and 3 remaining payments from existing lease into the monthly payment. My understanding is this would be added to the adjusted cap cost.Dealer is claiming that both of these amounts would be subject to finance charges and taxes.

I don’t dispute that about the 3 lease payments but I didn’t think that the tax would be taxed yet again if rolled into monthly payment. Can you confirm if that’s true?

thanks for your help as always!

I agree with the math - $408/mo.
The tax is not taxed a second time ... in NJ. But, it would be subject to finance costs. The MF is so low that the burden wouldn't be very much, at all.
And, why not wait 3 months until the current lease is up? Save a few bucks (or more) on the payment. Doubt the deals would be much different in June than they are today.

Thanks again. Much appreciated.

I debated about waiting the 3 months, but ultimately decided not to for these reasons. And I get they may still not be the strongest arguments for some people.

-Current $1,750 lease cash is the highest it’s been in the 4 months I’ve been following this car - will offset all 3 payments on current lease-.00008 MF dropped to the lowest # I’ve seen, including for many other comparable cars. -Fed announced multiple interest rate hikes this year- One on April 1st and again when my lease is up. If I wait I’d expect a significant jump in MF- Brakes on current car are shot, would have to sink about $500(according to a few quotes) to replace them...just to drive the car 3 months - New car has more safety features than existed in 2015....adding more piece of mind

Also, I’m considering rolling taxes and 3 remaining payments from existing lease into the monthly payment. My understanding is this would be added to the adjusted cap cost.Dealer is claiming that both of these amounts would be subject to finance charges and taxes.

I don’t dispute that about the 3 lease payments but I didn’t think that the tax would be taxed yet again if rolled into monthly payment. Can you confirm if that’s true?

thanks for your help as always!

I agree with the math - $408/mo.

The tax is not taxed a second time ... in NJ. But, it would be subject to finance costs. The MF is so low that the burden wouldn't be very much, at all.

And, why not wait 3 months until the current lease is up? Save a few bucks (or more) on the payment. Doubt the deals would be much different in June than they are today.

Thanks again. Much appreciated.

I debated about waiting the 3 months, but ultimately decided not to for these reasons. And I get they may still not be the strongest arguments for some people.

-Current $1,750 lease cash is the highest it’s been in the 4 months I’ve been following this car - will offset all 3 payments on current lease-.00008 MF dropped to the lowest # I’ve seen, including for many other comparable cars. -Fed announced multiple interest rate hikes this year- One on April 1st and again when my lease is up. If I wait I’d expect a significant jump in MF- Brakes on current car are shot, would have to sink about $500(according to a few quotes) to replace them...just to drive the car 3 months - New car has more safety features than existed in 2015....adding more piece of mind